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...Altice France has just over €20bn of secured debt and €4bn of riskier unsecured debt that does not have a direct claim on its assets....
...In 2018, EG handed the companies €39mn in unsecured, interest free loans which they used to buy the jets, the Financial Times reported in 2022....
...Those bondholders will be able to convert the senior unsecured debt into equity at between a 10 and 20 per cent discount to Telegram’s IPO price if a float takes place before the end of March 2026 — an incentive...
...With unsecured borrowing now closed to the company, SBB has had to seek alternative financing. For example, SBB borrowed via US private debt provider Castlelake for €450mn in February....
...India’s central bank has moved to curb rising stress in the burgeoning market for unsecured consumer loans, hitting fintech lenders such as Paytm who had been increasingly relying on riskier borrowing for...
...Wilko collapsed owing an estimated £548mn to unsecured creditors, including its own pension scheme and suppliers such as Unilever, Procter & Gamble and Akzo Nobel, who face being left almost entirely out...
...The bank said on Friday that it would take on Tesco Bank’s credit cards and unsecured personal loans, totalling about £8.3bn of lending balances....
...Barclays said on Friday that it would take on Tesco Bank’s credit cards and unsecured personal loans, totalling about £8.3bn of lending balances....
...In a separate data breach in May, files containing details on local council benefit payments were left exposed on an unsecured Amazon data bucket, raising concerns over the company’s storage safety measures...
...Arrival owes about £87mn to secured creditors, £2mn to preferential creditors, and a further £102mn to unsecured creditors, the document shows....
...Acquiring Tesco bank for £600mn last week, which boosted UK unsecured lending exposures, offers a hint of this shift. Even without added capital, the investment bank can produce more profits....
...In contrast, unsecured loans from unregulated lenders, such as those offering buy now, pay later (BNPL) products, have jumped in recent years, according to research from credit-checking platform ClearScore...
...Unlike unsecured interbank loans, there is a whole ton of volume in the market for Treasury repo....
...A turn in the credit cycle could mean a new flow of non-performing loans, with some signs of weakness in jobs markets and strains in unsecured lending....
...This form of unsecured lending allows users to pay in several interest-free instalments. Its popularity is surging. BNPL use on Black Friday was 30 to 40 per cent higher this year....
...All unsecured debt will be converted into equity....
...Instead of an unsecured, uninsured claim on a eurozone bank (that’s what a €140bn deposit is), the CBR’s asset would be an unsecured claim on a eurozone non-bank financial company....
...overlooks is that insurers are one of the largest investors in commercial real estate, in the form of direct commercial mortgage loans, commercial mortgage-backed securities, wholly owned real estate, and unsecured...
...The sprawling global lender also reported a £500mn charge for hyperinflation in Argentina, a $2bn writedown on the sale of its lossmaking French retail network and $300mn of impairments related to unsecured...
.... . . when everyone was getting excited about oil-powered internet routers bought on unsecured credit or whatever: And also . . . ....
...Banks hold higher allowances — for example, 10 per cent — for unsecured lending such as credit card loans, compared with 2 or 3 per cent for commercial real estate loans, which have lower default rates....
...It also demonstrates companies’ reluctance to sell unsecured high-yield bonds, traditionally the majority of the market....
...By contrast, the trust payments were unsecured and junior....
...A coterie of Wall Street investment banks led by Morgan Stanley have failed to get traction in selling off secured and unsecured debt to credit funds....
...The corresponding waiver was however not obtained from holders of CGP’s Senior Unsecured Notes due 2026 and 2027....
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